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    • $162,500

    506 N 2nd Ave E, Duluth, MN 55805

    2beds
    1,126sqft
    Single Family Residence
    Built in 1891
    3,702 Square Feet Lot
    $185,700 Zestimate®
    $144/sqft
    $1,492 Estimated rent

    Home value

    $185,700

    $165,000 - $204,000

    $1,492/mo

    Zestimate® history
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    What's special

    Master bedroomHuge side yard
    Great 2 bedroom, 1 bathroom home with huge side yard. Currently rented out and has a rental license. Tenant pays $1030 a month and the lease expires 7/31/2024. This would be an awesome single family home for an owner, once the lease expires or is cancelled. Tenant pays all utilities. Home is heated with a boiler and has radiators. The rooms are large and the master bedroom has an awesome sitting room that could be used as a nursery or an amazing closet. This property also comes with a vacant parcel of land PID# 010-1010-00380 that you can use for parking or building a garage and will allow you to avoid the rental license parking fee. Have you ever wanted to own 2 rental properties right next to each other? This property can be purchased with another property next door, 504 N 2nd Ave E, for a discount.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas C Acton 218-310-8859,

    RE/MAX Results Duluth

    Bought with:

    NON-RMLS

    Non-MLS

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6441608MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Bedroom 2
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bathroom
    • Level: Upper
    • Area: 108 Square Feet
    • Dimensions: 12x9
    Dining room
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 9x15
    Foyer
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Kitchen
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12x9
    Heating
    • Boiler, Hot Water, Radiant
    Cooling
    • None
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Basement: Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 1,126
    • Total interior livable area: 1,126 sqft
    • Finished area above ground: 1,126
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 3,702 Square Feet
    • Dimensions: 80 x 100
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 576
    • Additional parcels included: 010101000380
    • Parcel number: 010101000400
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1891

    Utilities & green energy

    • Electric: Power Company: Minnesota Power
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Duluth Proper 1st Div East 5th Street
    HOA
    • Has HOA: No
    Location
    • Region: Duluth

    Financial & listing details

    • Price per square foot: $144/sqft
    • Tax assessed value: $160,300
    • Annual tax amount: $1,922
    • Date on market: 10/4/2023
    • Cumulative days on market: 120 days

    Price history

    DateEventPrice
    2/23/2024Sold$162,500-4.4%$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem
    2/1/2024Pending sale$170,000$151/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem
    11/8/2023Price change$170,000-2.9%$151/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem
    10/4/2023Listed for sale$175,000-61.1%$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem
    1/6/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    12/31/2020Listed for rent$975$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/22/2019Listing removed$975$1/sqft
    Source: H&F Rental Homes LLC Report a problem
    6/16/2019Listed for rent$975$1/sqft
    Source: H&F Rental Homes LLC Report a problem
    10/3/2014Sold$450,000+350%$400/sqft
    Source: Agent Provided Report a problem
    7/25/2014Listed for sale$100,000$89/sqft
    Source: RE/MAX 1 - Duluth #6012242 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,772 -10%$160,300 +2.6%
    2024$1,968 +2.4%$156,300 +13.3%
    2023$1,922 +11.9%$138,000 +8.7%
    2022$1,718 +26%$127,000 +23.2%
    2021$1,364 $103,100 +27.4%
    2020$1,364 $80,900
    2019$1,364 +8.9%$80,900 +1.3%
    2018$1,252 -7.5%$79,900
    2017$1,354 +8.1%$79,900
    2016$1,252 +24.7%--
    2015$1,004 +2.4%$63,800
    2014$980 +0.7%$63,800
    2013$973 +2%$63,800 -3.9%
    2012$954 +9.6%$66,400 -4.5%
    2011$871 -0.9%$69,500 -4.9%
    2010$879 $73,100
    2009$879 -4.2%$73,100 -3.1%
    2008$917 +21.5%$75,400 +14.9%
    2007$755 +15.4%$65,600 +15.1%
    2006$654 +17.6%$57,000 +36.7%
    2004$556 +15.5%$41,700 +17.5%
    2003$482 +4.3%$35,500 +9.9%
    2002$462 -15%$32,300 +5.9%
    2001$544 +27.2%$30,500 +8.5%
    2000$427 $28,100
    Find assessor info on the county website

    Neighborhood: Central Hillside

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